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Upwork

eCommerce & Marketplaces · San Francisco, United States · Founded 2014 · IPO 2018

An online work marketplace that connects millions of businesses with independent talents around the globe

Valuation $931M
Revenue $776M
EBITDA $156M

Investors

13 investors on Upwork's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Series A 5 investors entered at this stage
Globespan Capital Partners
Kleiner Perkins
Pequot Capital Management
NEA
Sigma Partners
Series B+ 8 investors entered at this stage

Global footprint

Where Upwork has talent and traffic

Workforce by country
104 countries with
team presence
🇵🇰 Pakistan21.7%
🇧🇩 Bangladesh19.4%
🇵🇭 Philippines8.4%
🇺🇸 United States6.5%
🇰🇪 Kenya2.5%
Top 5 of 104 shown
Web traffic by country
35M monthly visits
across markets
🇺🇸 United States21.7%
🇵🇰 Pakistan12.8%
🇮🇳 India11.8%
🇵🇭 Philippines7.2%
🇧🇩 Bangladesh3.6%
Top 5 markets shown

Talent graph

The shape of Upwork's talent

Dealroom maps Upwork's team person by person — pinpointing the standout operators and scoring them across the six dimensions investors underwrite. The counts and shape below are a public preview; the named individuals and exact scores live in the platform.

252 standout operatorsDealroom-flagged across the org
637 AI specialistsincl. 191 core researchers
176,996 employees mappedperson by person
DimensionScore
AI Talentlive Score hidden — book a demo
Engineering Score hidden — book a demo
Product Score hidden — book a demo
Go-to-market Score hidden — book a demo
Leadership Score hidden — book a demo
Research Score hidden — book a demo
Book a demo to unlock Upwork's exact scores

Source: Dealroom Talent Intelligence. Public profiles show counts and the team's shape only — request a demo for the named individuals, per-person seniority and tenure, and team benchmarks vs peers.

Patent intelligence

$2M patent portfolio · 17 active families

Estimated portfolio value
$2M
0.19% of market cap · 1.9× smaller than top peer indeed.com ($3M)
17 active patent families
Where Upwork innovates Data miningData scienceService providerService provisioningSkill sets

Where Upwork concentrates vs peers

Each axis is a top-10 topic across Upwork and its closest peers. #1 = 100, #10 = 10, absent = 0.

Compare against

Source: Dealroom Patent Intelligence · Patsnap. Request a demo for the full per-sub-category breakdown, individual records, and quality-score history.

Capital deployed

Upwork's 4 investments and acquisitions.

Every disclosed deal where Upwork appeared as a backer or acquirer, 2014–2025. Toggle between venture rounds, M&A, or both. The map below is grouped by the target company's sector — the colored pill on each chip is the round type.

Portfolio analysis

4 deals across Upwork's capital deployment.

Where the deals concentrate by sector, stage, and decade.

By sectorCount
    By stageCount
      By periodCount

        01 · Deployment strategy vs peers

        Where Upwork deploys vs peers

        Each axis is a Dealroom topic tag — picked from the cluster's most-tagged themes. Values are normalized per axis: the peer with the highest tag-coverage on that axis sits at the edge, others scale relative to them. Toggle between M&A, venture, or both.

        Compare against

        02 · Portfolio market map

        Upwork's portfolio, mapped.

        Each chip is one company. Pill colour shows round type — green for Seed, blue for Series A, purple for B/C+, pink for late-stage, amber for M&A. Bigger sectors keep their full list behind “+ N more”.

        Stage
        Period
        4 of 4 deals

        Market sentiment

        What the market is saying about Upwork

        An AI-synthesized read of the highest-engagement posts about Upwork on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

        Reading the room on X — pulling top posts and synthesizing themes…

        Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

        See Upwork on the full Dealroom platform

        Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.